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User:Mcnabber091/sandbox/Economic summary of Florida

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Economic Summary of Florida

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The GDP for Florida was $777 billion in 2012[1]. Florida had an estimated population of 19.317 million as of 2012[2]. The GDP per capita was $34,802 in 2012[3].

Counties

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There are 67 counties in Florida[4]. Below are the top ten localities ranked by population 2010

Rank Locality Population 2010
1 Miami-Dade 2,496,435
2 Broward 1,748,066
3 Palm Beach 1,320,134
4 Hillsborough 1,229,226
5 Orange 1,145,956
6 Pinellas 916,542
7 Duval 864,263
8 Lee 618,754
9 Polk 602,095
10 Brevard 543,376

Cities

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Top 10 cities in Florida by estimated city proper population in 2010.[5]

Rank City Locality Population 2010
1 Jacksonville 821,784
2 Miami 399,457
3 St. Petersburg 244,769
4 Orlando 238,300
5 Hialeah 224,669
6 Tallahassee 181,376
7 Fort Lauderdale 165,521
8 Port St. Lucie 164,603
9 Pembroke Pines 154,750
10 Cape Coral 154,305

Industries

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Florida industries by GDP 2012.[6]

Industry GDP value added $ billions 2012 % of total GDP
Real estate and rental leasing 123.45 15.88%
Government 95.71 12.32%
Health care and social assistance 67.45 8.68%
Retail trade 60.19 7.74%
Professional, scientific, and technical services 55.69 7.17%
Finance and insurance 54.33 6.99%
Wholesale trade 51.07 6.57%
Accommodation and food services 35.58 4.58%
Information 30.98 3.99%
Construction 30.65 3.94%
Administrative and waste support services 29.12 3.75%
Transportation and warehousing 24.1 3.10%
Durable manufacturing 22.38 2.88%
Other private services 21.57 2.78%
Utilities 17.71 2.28%
Arts, entertainment, and recreation 14.85 1.91%
Non-durable manufacturing 14.64 1.88%
Management of companies and enterprises 12.11 1.56%
Educational services 7.82 1.01%
Agriculture, forestry, fishing and hunting 6.08 0.78%
Mining 1.67 0.21%
Total 777.16 100%

Employment

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Florida employment by industry in June 2013[7]

Industry Employment thousands June 2013 Percent of total employment
Trade, transportation and utilities 1,573.1 20.91%
Education & health services 1,132.0 15.05%
Professional & business services 1,088.4 14.47%
Government 1,077.3 14.32%
Leisure & hospitality 1,019.5 13.55%
Financial activities 500.3 6.65%
Construction 349.7 4.65%
Other services 315.3 4.19%
Manufacturing 313.3 4.17%
Information 135.9 1.81%
Mining and logging 5.7 0.08%
Total non-farm 7,521.9 100%

Corporations

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Top 10 Florida based corporations by revenue in 2012[8]

Rank Corporation Revenue $ millions 2012 Profit $ millions 2012 Assets 2012 Debt Ratio 2012 Headquarters Employees 2012 Market cap 3/29/12 $ billions Industry
1 World Fuel Services 34,623 Miami
2 Publix Super Markets 27,179 Lakeland
3 Tech Data 26,488 Clearwater
4 Jabil Circuit 16,518 St. Petersburg
5 NextEra Energy 15,341 Juno Beach
6 AutoNation 13,832 Fort Lauderdale
7 CSX 11,743 Jacksonville
8 Office Depot 11,489 Boca Raton
9 Darden Restaurants 7,500 Orlando
10 Winn-Dixie Stores 6,930 Jacksonville

Government Finances

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In 2011, the state government of Florida had total revenue of $106.17 billion. Total expenditures were $84.63 billion.[9]

The total debt outstanding in 2011 was $43.47 billion[10] (5.59% of GDP[11]).

The total cash and security holdings in 2011 was $191.71 billion[12].

Revenue by Source $ millions Percent of revenue
Insurance trust revenue 30,855 28.94%
Intergovernmental revenue from Federal Government 27,355 25.77%
Sales and gross receipts 27,156 25.58%
Charges and miscellaneous general revenue 14,927 14.06%
Other taxes 2,278 2.15%
Corporate income tax 1,869 1.76%
Motor vehicle license 1,253 1.18%
Intergovernmental revenue from local governments 449 0.42%
Utility revenue 20 0.02%
Property taxes 0 0%
Individual income tax 0 0%
Liquor store revenue 0 0%
Total 106,167 100%
Expenditure $ millions Percent of expenditure
Public welfare 22,189 26.21%
Intergovernmental expenditure 19,725 23.31%
Insurance trust expenditure 12,510 15.32%
Education 9,278 10.96%
Highways 4,862 5.74%
Health 3,740 4.42%
Correction 2,465 2.91%
Employment security administration 155 1.83%
Solid waste management 149 1.76%
Interest on general debt 1,431 1.69%
Miscellaneous commercial activities 1,252 1.48%
Judicial and legal 1,226 1.45%
Natural resources 1,110 1.31%
Other and unallocable 1,092 1.29%
Hospitals 949 1.12%
Financial administration 677 0.80%
Police protection 439 0.52%
Housing and community development 392 0.46%
Other governmental administration 372 0.44%
Protective inspection and regulation 314 0.37%
Utility expenditure 139 0.16%
Parks and recreation 117 0.14%
Libraries 12 0.1%
General public buildings 29 0.03%
Veterans' services 7 0.01%
Air transport 0 0%
Parking facilities 0 0%
Sea and inland port facilities 0 0%
Fire protection 0 0%
Sewerage 0 0%
Liquor store expenditure 0 0%
Total 84,633 100%

Financial Institutions

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Top ten banks by assets in Florida

Rank Bank Assets $ millions Profit $ millions _____ Headquarters Employees
1
2
3
4
5
6
7
8
9
10

References

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  1. ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
  2. ^ http://www.census.gov/popest/data/state/totals/2012/index.html
  3. ^ http://bber.unm.edu/econ/st-gdp5.htm
  4. ^ http://www.florida-demographics.com/counties_by_population
  5. ^ http://www.florida-demographics.com/cities_by_population
  6. ^ http://www.bea.gov/iTable/iTable.cfm?reqid=70&step=1&isuri=1&acrdn=1#reqid=70&step=10&isuri=1&7007=2012&7093=Levels&7090=70&7035=-1&7036=-1&7001=1200&7002=1&7003=200&7004=NAICS&7005=-1&7006=12000
  7. ^ http://www.bls.gov/eag/home.htm
  8. ^ http://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html
  9. ^ http://www.census.gov/govs/local/
  10. ^ http://www.census.gov/govs/local/
  11. ^ http://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm
  12. ^ http://www.census.gov/govs/local/
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https://meta.wikimedia.org/wiki/Global_Economic_Map

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